Operators of Planet Hollywood at the Trocadero in London went into administration on expiry of the lease and negotiations with the landlord failed. Rent over £1m p.a. and a large dilapidation claim made trading unprofitable. We then handled the administration: trading ceased and staff (about 100) became redundant. The company has now exited from administration and is in a CVA (Company Voluntary Arrangement). A new Planet Hollywood has opened at Haymarket in London.
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